[ISC] Q. 34 Goodwill Solution TS Grewal Class 12 (2023-24)

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Are you looking for the solution to Question number 34 of the Goodwill Chapter 2 TS Grewal Book ISC Board 2023-24 Edition?

Question – 34

Ajeet and Baljeet are partners in a firm. Their capitals are ₹ 9,00,000 and ₹ 6,00,000 respectively. During the year ended 31st March, 2023 the firm earned a profit of ₹ 4,50,000. Assuming that the normal rate of return is 20%, Calculate value of goodwill of the firm:

i) By Capitalisation Method; and

ii) Bu Super Profit Method if the goodwill is valued at 2 year’s purchaes of super profit.

Solution:-

List of all solutions of Goodwill chapter TS Grewal ISC Board class 12 (2023-24)

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